Weakened Demand for Used Combines Persists

New harvesters are selling without a problem, but it has proven difficult to find buyers for older ones, says Machinery Pete’s Greg Peterson.

In contrast to record used-tractor prices at auction, combine prices have been falling since about 2010, says Greg Peterson, known to many as Machinery Pete.

The issue? Supply and demand. New combines sell well, but identifying buyers for the same kind of equipment that is between one and three years old has proven challenging.

Watch Peterson’s complete used combine outlook in the video below:

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See Farm Journal Media’s full coverage of the 2013 National Farm Machinery Show.

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